{"id":9,"date":"2024-04-24T08:18:55","date_gmt":"2024-04-24T08:18:55","guid":{"rendered":"https:\/\/sfo.money\/why-hiring-a-professional-writer-is-essential-for-your-business\/"},"modified":"2026-02-06T15:33:46","modified_gmt":"2026-02-06T15:33:46","slug":"why-hiring-a-professional-writer-is-essential-for-your-business","status":"publish","type":"post","link":"https:\/\/sfo.money\/en\/why-hiring-a-professional-writer-is-essential-for-your-business\/","title":{"rendered":"Inside Berkshire Hathaway: insights from the annual meeting"},"content":{"rendered":"

\u200b\u200b<\/span>On May 4, investors from all over the world gathered to listen to the speech of the Sage of Omaha.<\/p>\n

Here are some important quotes to take note of:<\/p>\n

1\ufe0f\u20e3 \u201cOnly buy what you would want to own if the stock market closed for 10 years. If you are not prepared to own those stocks for ten years, don\u2019t even think about owning them for 10 minutes.\u201d \u2013 Warren Buffett<\/p>\n

Applying the above principle, you start to focus on the effectiveness of the real business, pay attention to the company's management, analyze the reporting. Do not rush to buy the first stock that catches your eye. Know the criteria of the business you want to own. Then, you start to think like the owner of this company, not a speculator.<\/p>\n

2\ufe0f\u20e3 \u201cYou need to be able to evaluate investments within your field of expertise. It\u2019s not so much the size of that field as knowing where its boundaries end.\u201d \u2013 Warren Buffett<\/p>\n

How accurately can you predict the growth rate of a particular company? Even the finance departments of the companies themselves cannot do this. The future is full of uncertainties. And when you invest your own money, the first thing you need to do is avoid things that you have no idea about.<\/p>\n

3\ufe0f\u20e3 \u201cI don\u2019t try to jump over 7-meter bars, I look closely and look for a 1-meter high bar that I can confidently step over.\u201d \u2013 Warren Buffett<\/p>\n

In investing, inaction usually yields better results than overactivity. This is difficult to accept because we have been taught since childhood that in order to achieve something, you need to work hard. Good investors ignore price fluctuations because they are confident in their choices.<\/p>\n

4\ufe0f\u20e3 \u201cI make a lot of mistakes and I will make a lot more. That\u2019s part of the job. You just have to make sure that the right decisions outweigh the wrong ones.\u201d \u2013 Warren Buffett<\/p>\n

Buffett has never been shy about admitting his mistakes. He has usually been quick to correct them, which in most cases meant selling stocks. His wins outweigh his losses.<\/p>","protected":false},"excerpt":{"rendered":"

\u200b\u200bOn May 4, investors from all over the world gathered to listen to the sage of Omaha. Here are some important quotes to take note of: 1\ufe0f\u20e3 \u201cOnly buy what you would want to own if the stock market closed for 10 years. If you are not prepared to own those stocks for ten years, don\u2019t even think about owning them [\u2026]<\/p>","protected":false},"author":4,"featured_media":939,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/posts\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":2,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/posts\/9\/revisions"}],"predecessor-version":[{"id":940,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/posts\/9\/revisions\/940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/media\/939"}],"wp:attachment":[{"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/media?parent=9"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/categories?post=9"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sfo.money\/en\/wp-json\/wp\/v2\/tags?post=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}